Address
Form of work
SalaryAbout Us
We are a busy Mortgage Broker Office looking to add to our team. We pride ourselves on our excellent customer service and amazing company culture.
Job Description
The primary function of the Mortgage Loan Processor is to ensure the accuracy of the documents and data in the loan file prior to underwriting. Mortgage Loan Processors work with underwriters and other lender contacts to satisfy conditional requirements for final approval. Mortgage Loan Processors coordinate with all parties related to the loan transaction to ensure that loans close on time.
Key Duties:
- Review residential loan application to verify that application data is complete and meets company standards, including loan type, loan amount, borrower assets, liabilities, and length of employment.
- Verify all data on the loan application against documents provided to ensure accuracy. Evaluate file to determine that the loan qualifies per investor, agency, and company guidelines.
- Evaluate loan files and provide recommendations if loans do not meet standards or require denial.
- Call relevant 3rd party companies to obtain additional documentation required for underwriting approval.
- Inform relevant parties of discrepancies in documentation and work towards solutions.
- Submit Mortgage Loan application and documentation for underwriting approval.
- Communicate loan status and updates regularly, clearly, and effectively to borrower, loan officer, and any agents if applicable.
- Achieve and maintain all departmental turn time, service, and volume standards
- Coordinate closing with settlement agent and borrower.
- Other tasks as assigned by the Processing Manager.
The person in this position should have the following credentials:
- Encompass Experience required.
- Must be a self-starter and self-motivated to meet job expectations and goals.
- Must be independent, organized, and proficient in problem-solving.
- Implement key time management skills in high demand settings.
- Ability to manage multiple deadlines.
- Must be eager to learn and have a growth mindset.
- Possess strong customer service skills.
- Must be honest, responsible, and able to use good judgment.
- Ability to learn and operate loan origination systems and programs quickly.
- Ability to use MS-Word, MS-Excel, MS-Outlook, and MS-Teams effectively.
Required experience:
- Mortgage Loan Processing: 2 years
- Encompass Experience: 1-2 years
Perks/Benefits:
- Full Benefits: Medical, dental, vision, short term disability, life insurance, and accident insurance
- Paid time off
- Corporate golf pass
- Corporate ski pass
- Corporate gym pass for you and your spouse
- Fun and productive work environment
Pay:
$20 - $25 / Hour + Bonus per funded loan
Job Type: Full-time
Pay: $20.00 - $25.00 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: Hybrid remote in American Fork, UT 84003
